Commercial Auto

Are your commercial vehicles covered? An important point to understand is you are not only getting insured for you or your family, but also for the multiple vehicles and the employees who will be driving them.

What Is Commercial Auto

 

Whether you own a brand new business or a well-established one, getting proper commercial auto coverage at an affordable price can help you thrive. Count on your local agent for the expert advice you need and the discounts you deserve—for all your business vehicles.

 

As a business owner, you need the same kinds of insurance coverages for the car you use in your business as you do for a car used for personal travel—liability, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. If the vehicle is owned by the business, make sure the name of the business appears on the policy as the “principal insured” rather than your name. This will avoid possible confusion in the event that you need to file a claim or a claim is filed against you.

 

When It’s Best To Get It

 

When you apply for commercial coverage, you need to get the right liability limits, just like for personal insurance. The main difference in these two types of vehicle policies is the eligibility. If the automobile you are considering insuring is used for the purpose of commerce, i.e., conducting business activities, then you must buy commercial car insurance, this also applies to small businesses that are just starting up. Let’s say you have a small food delivery business with just one van. To protect yourself adequately, its needs to be covered with a commercial policy.

 

Whether you need to buy a business auto insurance policy will depend on the kind of driving you do. A good insurance agent will ask you many details about how you use vehicles in your business, who will be driving them and whether employees, if you have them, are likely to be driving their own cars for your business.

 

While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical respects. Ask your insurance agent to explain all the differences and options.

 

Get A Quote And Compare Rates

 

We partner with leading insurance companies to provide you with the most affordable rates on the market. We will show you a few different policy options and estimated rates. From there, you can continue with the company that’s best fits you.

 

Want to learn how you can save on commercial auto insurance? Depending upon the kind of coverage you get, a medical exam may be required to secure the best rate. Learn how you can minimize the cost of commercial auto insurance so you can be safely covered and save some money at the same time.